First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, announced that it has granted incentive stock options. The options will enable specific directors, officers and consultants to purchase up to 850,000 common shares; the shares will be offered under FEMFF’s incentive stock option plan. According to the announcement, the options will be exercisable for a five-year period at an exercise price of $0.35 per share. All options are subject to Canadian Securities Exchange approval. Part of First Energy objective is to add to its portfolio in a deliberate approach in a way that adds value; currently the company’s portfolio includes the wholly owned Augustus Lithium Property, located in Landrienne & Lacorne-Townships in Quebec, which includes 271 mining claims.
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About First Energy Metals Limited
First Energy Metals is a Canadian mineral exploration company with a primary focus of acquiring a multicommodity mineral property portfolio. Its goal is to identify, acquire and explore North American mineral prospects in the technology metals, precious metal and base metal sector. The company’s strategy is to acquire and advance projects through prospecting and early-stage exploration; source joint venture partners to finance future exploration and project development; and create shareholder value through exploration success. First Energy will continue to add to its multicommodity portfolio through organic acquisitions of new projects and opportunities with the intention of adding value and projects over time. For more information about the company, please visit www.FirstEnergyMetals.com.
NOTE TO INVESTORS: The latest news and updates relating to FEMFF are available in the company’s newsroom at https://ibn.fm/FEMFF
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